SpidermanTuba
Rookie
- Banned
- #21
money can't just be created out of thin air.
Yeah, it can. Happens every time someone takes out a loan from a bank.
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money can't just be created out of thin air.
It is a monstrosity that must be killedI'm not sure "privately owned" is appropriate:
"If the people ever allow the banks to issue their currency, the banks and corporations which will grow up around them will deprive the people of all property, until their children wake up homeless on the continent their fathers conquered."
Thomas Jefferson
Who would you prefer issue currency? The politicians?
money can't just be created out of thin air.
Yeah, it can. Happens every time someone takes out a loan from a bank.
It is a monstrosity that must be killed
"If the people ever allow the banks to issue their currency, the banks and corporations which will grow up around them will deprive the people of all property, until their children wake up homeless on the continent their fathers conquered."
Thomas Jefferson
Who would you prefer issue currency? The politicians?
Section 8 - Powers of Congress
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
Ya cause Anarchy is SO MUCH BETTER.
do you seriously equate ending the fed with anarchy? sound money == anarchy now??
DO you seriously think 50 small new Nations will last long in the world? Almost none of which are self sufficient?
South Carolina Rep. Mike Pitts has introduced legislation that would mandate that gold and silver coins replace federal currency as legal tender in his state.
As the Palmetto Scoop first reported, Pitts, a Republican, introduced legislation this month banning "the unconstitutional substitution of Federal Reserve Notes for silver and gold coin" in South Carolina.
In an interview, Pitts told Hotsheet that he believes that "if the federal government continues to spend money at the rate it's spending money, and if it continues to print money at the rate it's printing money, our economic system is going to collapse."
"The Germans felt their system wouldn't collapse, but it took a wheelbarrow of money to buy a loaf of bread in the 1930s," he said. "The Soviet Union didn't think their system would collapse, but it did. Ours is capable of collapsing also."
Really?
Ill bet you just think hes crazy
money can't just be created out of thin air.
Yeah, it can. Happens every time someone takes out a loan from a bank.
nice selective quote. what you said wouldn't happen if you didn't have the fed reserve.
In all, the whole fuss seems to be moot
Who cares what coins and currency is made out of?
The majority of transactions are being handled electronically. It won't be long before you have no currency at all
South Carolina Rep. Mike Pitts has introduced legislation that would mandate that gold and silver coins replace federal currency as legal tender in his state.
As the Palmetto Scoop first reported, Pitts, a Republican, introduced legislation this month banning "the unconstitutional substitution of Federal Reserve Notes for silver and gold coin" in South Carolina.
In an interview, Pitts told Hotsheet that he believes that "if the federal government continues to spend money at the rate it's spending money, and if it continues to print money at the rate it's printing money, our economic system is going to collapse."
"The Germans felt their system wouldn't collapse, but it took a wheelbarrow of money to buy a loaf of bread in the 1930s," he said. "The Soviet Union didn't think their system would collapse, but it did. Ours is capable of collapsing also."
Really?
Ill bet you just think hes crazy
All we have, this is as far as it will prolly go.South Carolina Rep. Mike Pitts has introduced legislation that would mandate that gold and silver coins replace federal currency as legal tender in his state.
As the Palmetto Scoop first reported, Pitts, a Republican, introduced legislation this month banning "the unconstitutional substitution of Federal Reserve Notes for silver and gold coin" in South Carolina.
In an interview, Pitts told Hotsheet that he believes that "if the federal government continues to spend money at the rate it's spending money, and if it continues to print money at the rate it's printing money, our economic system is going to collapse."
"The Germans felt their system wouldn't collapse, but it took a wheelbarrow of money to buy a loaf of bread in the 1930s," he said. "The Soviet Union didn't think their system would collapse, but it did. Ours is capable of collapsing also."
Really?
Ill bet you just think hes crazy
Got a link? I kinda want to read the bill and can't find t.
South Carolina Rep. Mike Pitts has introduced legislation that would mandate that gold and silver coins replace federal currency as legal tender in his state.
As the Palmetto Scoop first reported, Pitts, a Republican, introduced legislation this month banning "the unconstitutional substitution of Federal Reserve Notes for silver and gold coin" in South Carolina.
In an interview, Pitts told Hotsheet that he believes that "if the federal government continues to spend money at the rate it's spending money, and if it continues to print money at the rate it's printing money, our economic system is going to collapse."
"The Germans felt their system wouldn't collapse, but it took a wheelbarrow of money to buy a loaf of bread in the 1930s," he said. "The Soviet Union didn't think their system would collapse, but it did. Ours is capable of collapsing also."
Really?
Ill bet you just think hes crazy
Nah, not crazy.
I just think he's stupid.
Section 8 - Powers of Congress
To coin Money...
money can't just be created out of thin air.
Yeah, it can. Happens every time someone takes out a loan from a bank.
nice selective quote. what you said wouldn't happen if you didn't have the fed reserve.
let them do it. just tie to a stable source instead the whims of the federal reserve.
In all, the whole fuss seems to be moot
Who cares what coins and currency is made out of?
The majority of transactions are being handled electronically. It won't be long before you have no currency at all
Yep don't be a dolt and break the rythm at the checkout line by not paying with plastic.
Be a slave to the industry. Programming works.
And for heavens sake do not pull out a checkbook or the entire store stops and stares at you!
And for heavens sake do not pull out a checkbook or the entire store stops and stares at you!
Section 8 - Powers of Congress
To coin Money...
The U.S. Treasury department makes coins under authority of Congress.
The Federal Reserve system makes the money under authority of Congress.
Are you suggesting the Constitution intended the Congress personally set up and operate a mint on the grounds of the U.S. Capitol building?